PureAgro consolidates its retail and wholesale divisions

Pure Agrobusiness Inc (PureAgro) said this week it is consolidating its Way to Grow retail operation and Crop Supply wholesale division to create the largest urban agriculture and hydroponic technology business in the U.S.

With the consolidation, PureAgro becomes a one-stop solution for indoor plant, produce and cannabis growers.

“PureAgro is committed to a simple business ideology: advancing agriculture through technology,”  PureAgro Chairman and CEO Rick Byrd said. “We have been pioneers of the hydroponics and indoor agriculture industry for the past 20 years. Our vision has evolved into the largest supply platform in the urban agriculture industry today and we are at the forefront of the farming revolution. Our current focus and primary growth initiatives are aligned with serving the fast growing legal cannabis industry. We have a long-term vision and growth strategy to create new markets and opportunities for applying sustainable hydroponics and agtech to the food system.”

Way to Grow consists of seven retail stores in Colorado, which cater to individual and commercial growers. The wholesale division, Crop Supply, operates warehouses in Denver and Los Angeles. The two warehouses provide large volume orders to commercial growers. 

“The urban agriculture supply market is large and fragmented, comprised primarily of hundreds of single retail locations in the adolescent stage of maturity," PureAgro President and COO James Blaha said. "We will drive organic growth through our existing wholesale and retail operations, and through the acquisition, consolidation and integration of best-of-breed hydroponics retail stores throughout the country. We are modernizing a cottage industry and have created a highly profitable, capital-efficient and scalable business model that will enable PureAgro to rapidly capture market share.”

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Pure Agrobusiness

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